Dhanteras 2024 As a result, gold has made dealers and commoners feel more nervous. This is why the bullion market is empty.

India’s Biggest Festival Dhanteras Diwali has Started.

Dhanteras 2024 festival is being celebrated on Tuesday. But in the meantime, the rising rate of gold has increased the problems of gold and silver traders. Even after a big festival like Diwali, the crowd of customers in the bullion market is less than expected. Traders are afraid of the shine of gold fading a bit this season. Gold prices have increased by 25-30 percent since last Dhanteras. Gold prices remain high in the domestic and international markets.

Gold reached a record level of ₹ 2,759 an ounce on October 23 in the international market. Since then it has been trading above ₹ 2,700. Gold has reached around Rs 79,500 per 10 grams in the spot market of Mumbai, whereas during the last Dhanteras 2023 this price was around Rs 62,000.down slightly after hitting a record level last week. But the current rate has put bullion traders in trouble this year. Because these rates have increased a lot compared to 2023. According to the officials of the All India Gem and Jewellery Domestic Council, the unprecedented increase in gold prices may affect the demand in this festive season. Every year a crowd of customers was seen in the days before Dhanteras, but this time this crowd is missing.

1 thought on “Dhanteras 2024 As a result, gold has made dealers and commoners feel more nervous. This is why the bullion market is empty.”

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